November, 2016

• 21 November

  Troubled Saudi builder MMG to discontinue ops

  Riyadh / Reuters Embattled Saudi construction firm Mohammad Al Mojil Group (MMG) said it has written directly to Deputy Crown Prince Mohammed bin Salman explaining that it may not be able to continue operating. It was unclear if the privately owned company was seeking financial or other assistance from the government. In a short statement via the stock exchange on ...

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• 21 November

  Courtyard expands presence in KSA

  

    Riyadh / Emirates Business Marriott International, Inc. (NASDAQ: MAR) announced the opening of the Courtyard by Marriott Riyadh Olaya located in the capital city of Riyadh, Saudi Arabia. The contemporary new Courtyard by Marriott Riyadh Olaya rises proudly along the popular Olaya district in Riyadh and provides a new level of functionality and comfort to travelers within the Kingdom. ...

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• 21 November

  IHG opens Intercontinental Doha Residences

  

    Dubai / Emirates Business InterContinental Hotels Group (IHG), one of the world’s leading hotel companies, has announced the opening of InterContinental Doha Residences under a management agreement with Gulf Hotels Company WLL. Located on Doha’s longest natural private beach, each spacious residence offers tranquil living in distinctive surroundings. With a design that merges Arabian and European sophistication, InterContinental Doha ...

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• 21 November

  Merkel’s fourth election will be her toughest

  

    Angela Merkel’s announcement on Sunday that she will run for a fourth term as chancellor was hardly unexpected, given her role as the world’s foremost centrist, one of Europe’s last bulwarks against the hard right and a leader who doesn’t really have a credible rival in Germany. Yet she will probably face the toughest election of her career; victory ...

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• 21 November

  Don’t count on a crash from a Trump trade war

  

    Talk of war is in the air — trade war! President-elect Donald Trump has pledged to label China a currency manipulator, and has floated the idea of imposing large tariffs on Chinese imports. This sort of policy is considered beyond the pale in mainstream economics and media circles. It is subjected to epithets like “protectionism” and “mercantilism.” Almost everyone ...

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• 21 November

  Leaving the Paris climate accord won’t help anybody

  

    Come Jan. 20, President-elect Donald J. Trump will start carrying out his agenda. How does he expect to turn his promises into policy? Do his plans make sense? If not, what should he do? Finally, given the political realities of Washington, what’s most likely to happen? What he says he’ll do: Trump promises to pull the U.S. from last ...

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• 21 November

  Free trade pacts must to revive global economy

    There is no gainsaying the fact that globalization has produced many economic benefits and free trade has spurred global prosperity. However, of late, protectionism is taking over economic liberalization and has triggered a rising concern in emerging economies. Leaders attending the Asia-Pacific Economic Cooperation (APEC) meeting in Lima expressed wariness about the peril that protectionism poses to global economy. ...

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• 21 November

  Where to look for covert Russian influence

  

  Stories of shady Russian influence abounded during the U.S. election campaign, but the evidence in them was often sketchy and the eventual benefits to Russia questionable. The European Union, for its part, is dealing with a scandal in which both the Russian connection and the gain for the Kremlin are far less nebulous. On May 18, EU Commissioner Guenther Oettinger ...

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• 21 November

  Today’s energy system could blow Paris climate goals

    Amid whiffs of chemicals and the electric hum of transformers, Kraftwerk Jaenschwalde rises like an ash-colored fortress over a landscape disfigured by decades of open-pit coal mining. The communist-era colossus in eastern Germany is one of Europe’s dirtiest power plants, belching 24 million tons of climate-warming carbon dioxide into the air every year. It could have been closed for ...

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• 21 November

  Donald Trump’s debt to the financial crises

      Mark Whitehouse Do we have the 2008 financial crisis to thank for Donald Trump’s election as U.S. president? More than a century of human experience suggests it’s a real possibility. Trump’s surprise victory has prompted a lot of worrying about the wave of antiestablishment — and often xenophobic — sentiment that seems to be rolling across the developed ...

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